The All Pakistan Gems and Jewelers Association reported a decline of Rs300 in gold price on Wednesday, bringing the price of one tola of gold to Rs267,700.
After a prolonged rise in gold prices nationwide a small reduction was noted on Wednesday.
The price for 10 grams of gold fell by Rs257, now standing at Rs229,510.
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In the international market, gold prices also dropped by $18, currently valued at $2,569 per ounce.
